Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Mike Philbrick commented about whether CCOR, CGL.TO, HHF.A.TO, BASE.TO, VGRO.TO, ZWU.TO, ZUT.TO, XUT.TO, GDX, VEE.TO, XBM.TO, HRA.TO, KSA-US, CNYA, XMW.TO, XWD.TO, VBAL.TO, HAD.TO, HHL.TO are stocks to buy or sell.
An ETF for utilities. A great defensive sector with amazing performance lately. XUT-T is good, but 60% is in the top 4 holdings (inculding Fortis and Algonquin); 4% yield and 55 basis point cost. ZUT-T is more diversified and equal-weight. ZWU is also equal weight but does covered calls to create extra income, which sells future income for gains today; yields 6%. Given the strong performance of utilities in the past year, covered calls have lagged.